Bewhere Holdings Inc (BEW.V)

They have an interesting technology. It is Bluetooth. It is low power. They signed a deal with Bell to resell their devices which link to a cell tower and keep track of almost anything. They are about to announce a contract with a company that is rumored to be Brinks, to track everything they handle. He thinks it will be cash flow positive this year.

This has Bluetooth Beacons. In the past, everyone has used RFID, is a low-power version. Just signed a deal with Brinks in the US, to get their hardware into the trucks. Now they’ll sell Brinks Beacons for everything including money bags. A recurring revenue model. Expects they will be cash flow positive somewhere around the end of the year.

Hasn’t spent a lot of time looking at this, but it is kind of interesting in its tracking methods, such as pallets, trucks, toolboxes, etc. In the past, they’ve used RSD devices, but found that there were a lot of limitations. They now use a lower powered Bluetooth, kind of a new technology, which is still in the early stages. He would like to see more contracts signed and some revenue.